Of course, this is the week for the monthly jobs report and Wednesday we may get an early read from the ADP Employment Report, which will be followed by the GDP and the announcement from the FOMC after their two-day meeting.
The U.S. Federal Open Market Committee (FOMC) is slated for a two-day meeting this week, with an announcement and press conference on Wednesday afternoon.
Many believe a weak jobs report on Friday would open the door wide for a fresh monetary stimulus announcement by the U.S. Federal Reserve at its FOMCmeeting in two weeks.